I concur with this. However, I’d also take the opportunity to re-iterate here—as per your own thread of some weeks ago, with which I still agree—that given the 0.2% bridging fee for conversions of BTC to rBTC, our de facto ‘price of admission’ to Bitcoiners looking to participate in liquidity mining already stands at a relatively exorbitant 0.5%.
Considering this demographic are Sovryn’s most sought-after (for obvious reasons), yet also the most traditionally sceptical of ‘mainstream’ defi, I remain unconvinced that we aren’t therefore overlooking a more fundamental problem of incentive alignment as regards on-boarding those users best-qualified not only to provide liquidity, but also to become long-term stakeholders in the protocol itself.